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Ledger Confirms Chip in CryptoBilis Wallets Stole 24-Word Recovery Phrases

COINOTAG·October 13, 2026·1 min read
Ledger Confirms Chip in CryptoBilis Wallets Stole 24-Word Recovery Phrases

Ledger confirmed an unauthorized chip inside CryptoBilis-sold wallets read 24-word recovery phrases and sent them over LTE. Confirmed losses remain uncounted, raising serious security concerns for users of these hardware wallets. The incident highlights risks in the supply chain of crypto storage devices.

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